21 Maret 2018, EUR/USD
Technical observation
EUR yesterday retraced to the key zone (1.2215-1.2183) as predicted yesterday,EUR has been rejected around the zone and I expect bullish movement of price towards 1.2503 and even a breakout above it for a further rise in price towards the weekly key line 1.2778,Im looking to buy EUR now with my ideal target at 1.2503 and stop loss around 1.2110.If there’s a clear breach of price below the zone (1.2215-1.2183) , I expect bearish movement of price towards the key line 1.1935 or even lower to 1.1586 in case it breaks below 1.1935.right now only buy positions look ideal and can be advised around (1.2215-1.2183).
Technical levels
Resistance levels
R1.1.2377
R2.1.2419
R3.1.252
Pivot
1.2319
Support levels
S1.1.2275
S2.1.2216
S3.1.2114
Trade signal
Buy EUR now with your take profit at 1.2503 and stop loss around 1.2110.